FABKIT : revenue, balance sheet and financial ratios

FABKIT is a French company founded 3 years ago, specialized in the sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier . Based in PORTES-LES-VALENCE (26800), this company of category ETI shows in 2024 a revenue of 2.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - FABKIT (SIREN 913706016)
Indicator 2024 2023 2022
Revenue 2 743 225 € 1 520 148 € 289 795 €
Net income 13 576 € 5 167 € 12 361 €
EBITDA 56 370 € 48 732 € 18 865 €
Net margin 0.5% 0.3% 4.3%

Revenue and income statement

In 2024, FABKIT achieves revenue of 2.7 M€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +207.7%. Vs 2023, growth of +80% (1.5 M€ -> 2.7 M€). After deducting consumption (815 k€), gross margin stands at 1.9 M€, i.e. a rate of 70%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 56 k€, representing 2.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 14 k€, i.e. 0.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 743 225 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 928 592 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

56 370 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

26 253 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

13 576 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.1%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 97%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 5%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

96.851%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

5.372%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

1.593%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

1.797

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

87.9%

Solvency indicators evolution
FABKIT

Sector positioning

Debt ratio
96.85 2024
2022
2023
2024
Q1: 0.03
Med: 13.65
Q3: 57.82
Watch

In 2024, the debt ratio of FABKIT (96.85) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
5.37% 2024
2022
2023
2024
Q1: 13.28%
Med: 44.95%
Q3: 59.44%
Average

In 2024, the financial autonomy of FABKIT (5.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
1.8 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.16 years
Q3: 1.83 years
Average -16 pts over 3 years

In 2024, the repayment capacity of FABKIT (1.80) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 114.54. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 14.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

114.544

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

14.458

Liquidity indicators evolution
FABKIT

Sector positioning

Liquidity ratio
114.54 2024
2022
2023
2024
Q1: 149.97
Med: 231.36
Q3: 292.15
Watch -25 pts over 3 years

In 2024, the liquidity ratio of FABKIT (114.54) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
14.46x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.07x
Q3: 7.63x
Excellent -22 pts over 3 years

In 2024, the interest coverage of FABKIT (14.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 106 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 76 days. The company must finance 30 days of gap between collections and payments. Inventory turnover is 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 51 days of revenue, i.e. 386 k€ to permanently finance.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

386 191 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

106 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

76 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

29 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

51 j

WCR and payment terms evolution
FABKIT

Positioning of FABKIT in its sector

Comparison with sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier

Similar companies (Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier )

Compare FABKIT with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier

Frequently asked questions about FABKIT

What is the revenue of FABKIT ?

The revenue of FABKIT in 2024 is 2.7 M€.

Is FABKIT profitable?

Yes, FABKIT generated a net profit of 14 k€ in 2024.

Where is the headquarters of FABKIT ?

The headquarters of FABKIT is located in PORTES-LES-VALENCE (26800), in the department Drome.

Where to find the tax return of FABKIT ?

The tax return of FABKIT is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does FABKIT operate?

FABKIT operates in the sector Fabrication de tubes, tuyaux, profilés creux et accessoires correspondants en acier (NAF code 24.20Z). See the 'Sector positioning' section above to compare the company with its competitors.